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An announcement from Vow Green Metals AS ( (DE:9G5) ) is now available.
Vow Green Metals has signed a three-year agreement with Outokumpu to supply biocarbon from its upcoming production facility in Hønefoss, Norway. This agreement, alongside a prior deal with Elkem, secures full capacity utilization for the plant, which will be one of Europe’s largest biocarbon facilities. The collaboration strengthens Vow Green Metals’ position in the metallurgical industry’s decarbonization efforts while supporting Outokumpu’s emission reduction goals.
More about Vow Green Metals AS
Vow Green Metals is a leader in producing biocarbon and carbon-neutral products, focusing on enabling the green transition in hard-to-abate industries. The company builds and operates biocarbon production plants using advanced pyrolysis technology to convert biomass into biocarbon, bio-oil, and bioenergy. Vow Green Metals leverages its relationship with its largest shareholder, Vow ASA, to maintain its first-mover advantage in the growing market for renewable materials.
YTD Price Performance: -2.00%
Average Trading Volume: 9,646
Technical Sentiment Consensus Rating: Buy
See more data about 9G5 stock on TipRanks’ Stock Analysis page.
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